#75 with Randy Hetrick - Navy SEAL To $50M TRX
My First Million16 Touko 2020

#75 with Randy Hetrick - Navy SEAL To $50M TRX

** The audio recording in the episode had some stuff ups. Sam is not interrupting Randy, it's just the audio delaying in recording. Very sorry for the listening experience, will be fixed in future episodes. ** Today's ep is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Sam (@thesamparr) talks to Randy Hetrick (@randyhetrick) who is the CEO of TRX training (inventor of TRX Suspension Trainer), a leading global brand in physical training and the industry leader in functional fitness. Built the company from a bootstrap start up to a high growth consumer brand with 130 employees and approximately $50M in annual revenues. Today's topic include: Why angel investors are better to receive money from than VC's (6:20), Starting a physical goods business and being omnichannel (13:08), Difference between being chairman and CEO (29:08), Why institutional MBA type CEO's suck (33:07), What industries he's interested in investing in (39:32), Sam's MMA weight cut (43:34), Navy Seal and business leadership (46:25) and Randy's angel investing, selling secondary and building his personal brand (55:33). See acast.com/privacy for privacy and opt-out information.

Jaksot(824)

I was $15m in debt...now I own a billion dollar portfolio

I was $15m in debt...now I own a billion dollar portfolio

Want Sam's Playbook to Uncover Hidden Business Opportunities? Get it here: https://clickhubspot.com/pcf Episode 727: Shaan Puri ( https://x.com/ShaanVP ) sits down with his brother-in-law Sanjiv Chopra to talk about how he went from $15M in debt to a real estate portfolio of $1.5B. — Show Notes: (0:00) Intro (3:37) $15M in debt on first deal (12:30) Pawning my wife’s wedding ring to buy a gym (19:41) Turning a broken gym around (22:02) Referral marketing (29:48) Double escrow (36:11) Shopping centers (40:20) What a Good Real Estate Deal Looks Like (44:02) How you act when you lose (51:02) Legacy, Balance & Being a Present Dad — Links: • Rhino Investments - https://rhinoinvestmentsgroup.com/ — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

22 Heinä 20251h

Talking to a billionaire about how he uses ChatGPT

Talking to a billionaire about how he uses ChatGPT

Want Sam's playbook to turn ChatGPT into your executive coach? Get it here: https://clickhubspot.com/sfb Episode 726: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Dharmesh Shah ( https://x.com/dharmesh ) about how he’s using ChatGPT. — Show Notes: (0:00) Intro (2:00) Context windows (5:26) Vector embeddings (17:20) Automation and orchestration (21:03) Tool calling (28:14) Dharmesh's hot takes on AI (33:06) Agentic managers (39:41) Zuck poaches OpenAI talent w/ 9-figures (49:33) Shaan makes a video game — Links: • Agent.ai - https://agent.ai/ • Andrej Karpathy - https://www.youtube.com/andrejkarpathy — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

16 Heinä 202556min

Brainstorming $10M AI Business Ideas w/ the Airtable Founder

Brainstorming $10M AI Business Ideas w/ the Airtable Founder

Want to scale your side hustle with AI? Get 700 prompts here: https://clickhubspot.com/wbc Episode 725: Sam Parr ( https://x.com/theSamParr ) talks to the founder of Airtable, Howie Liu ( https://x.com/howietl ), about 7 AI business ideas he would start if he was in his 20s. — Show Notes: (0:00) IDEA: Live Shopping w/ AI avatars (5:34) IDEA: AI personalized news (10:36) IDEA: AI Personal Finance Advisor (18:27) IDEA: AI PE model of buy an existing business (24:20) IDEA: Cursor for email (36:53) IDEA: AI-native social apps (38:42) IDEA: Uncensored AI search — Links: • Sesame - https://www.sesame.com/ • Whatnot - https://www.whatnot.com/ • HeyGen - https://www.heygen.com/ • Superhuman - https://superhuman.com/ • Kubera - https://www.kubera.com/ • Addepar - https://addepar.com/ • Airtable - https://www.airtable.com/ • Chief.so - http://chief.so/ — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

11 Heinä 202544min

How this dumb doll makes $2M per day

How this dumb doll makes $2M per day

Want Sam's Playbook to Uncover Billion-Dollar Business Opportunities? Get it here: https://mfmpod.link/rve Episode 724: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) break down $1B+ product crazes and why they worked. If you want to help those on the inside, donate to The Last Mile (https://thelastmile.org/donate) and Inside Circle (https://insidecircle.org/) — Show Notes: (0:00) Labubu (3:19) The "gotcha" mechanic (10:53) The lipstick effect (12:53) The lalapalooza effect (15:17) $1B+ crazes (20:48) Tony's Chocolonely (31:10) Sam goes to prison (37:18) The Larry story (41:26) Shaan joins a prison gang (51:15) Sam vows to quit the internet and money (54:52) Pomp's SPAC — Links: • Pop Mart - https://www.popmart.com/us • Tony’s Chocolonely - https://tonyschocolonely.com/ — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

9 Heinä 20251h 3min

How I Bought a $3.4M Business For $200K

How I Bought a $3.4M Business For $200K

Want Sam's Playbook to Uncover Hidden Business Opportunities? Get it here: https://clickhubspot.com/weo Episode 723: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Shaan’s college friend Dan Certner ( https://x.com/youneedbags ) about how he bought a business and doubled it in 18 months. — Show Notes: (0:00) Dan the bag man (5:16) Farmville Fraud Detection (10:09) Fail: Getting rich working at a startup (15:13) Buying a bag business (19:30) The forgivable sellers note (22:57) How to find the right business (37:29) Meeting the seller (40:15) Negotiating the terms (45:44) The real profit (49:55) Who should do this? (53:40) Everything is someone's business (56:32) The exit strategy (59:41) Shaan and Dan's business plan (1:07:49) Fun to Run Businesses — Links: • Fleet - https://www.fleetpackaging.com/ — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

4 Heinä 20251h 21min

I Turned $1M into $2.3B (Then Blew It Up and Rebuilt)

I Turned $1M into $2.3B (Then Blew It Up and Rebuilt)

Want Sam's playbook to turn ChatGPT into your executive coach? Get it here: https://clickhubspot.com/etb Episode 722: Sam Parr ( https://x.com/theSamParr ) sits down with Mike Novogratz ( https://x.com/novogratz ) about risk tolerance and coming back from massive losses. — Show Notes: (0:00) Mike’s first million (8:37) Starting Fortress (13:55) $30M to $2.3B (25:28) Operating system for life (35:41) Being early on crypto (40:26) Risk tolerance — Links: • Fortress - https://www.fortress.com/ • Galaxy - https://www.galaxy.com/ • Business Untitled - https://www.youtube.com/@BusinessUntitled — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

30 Kesä 20251h 5min

He Bought a Local Newspaper… Now He Makes $600K/YR

He Bought a Local Newspaper… Now He Makes $600K/YR

Want to scale your business? Get the Side Hustler's AI Prompt Database: https://clickhubspot.com/kvw Episode 721: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about a billionaire’s recipe for happiness, Shaan’s stock picks, plus the new mayor of NY. — Show Notes: (0:00) Billionaire recipe for happiness (5:12) Shaan gives a talk at Berkeley (12:01) Steve Ballmer on Acquired (17:02) Gary V is bullish on everything (26:28) The new mayor of NY (35:45) Multilingual politicians (38:43) Vibe voting (41:20) Idea: "The President" (45:58) Businesses w/ 50X potential (49:07) Shaan's first 6 stocks — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

27 Kesä 202558min

Business as a sport, Surge AI, and Waymo vs. Robotaxi

Business as a sport, Surge AI, and Waymo vs. Robotaxi

Want to scale your startup? Get 700 prompts for your side hustle: https://clickhubspot.com/fpg Episode 720: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about how Surge built a $1B business in 5 years and the second-order effects of self-driving cars. — Show Notes: (0:00) Best idea of the month (6:00) Business as a sport (10:57) The inner game of tennis (14:21) Shaan writes a letter to himself (19:15) Patron View (27:42) Surge (35:00) Handshake (39:47) Waymo vs Robotaxi (50:30) Elon replies to Shaan's tweet (53:13) Shaan gets in a fight with his moms doctor (1:02:50) Sam wears overalls — Links: • The Inner Game of Tennis - https://tinyurl.com/mphz9zkr • Patron View - https://patronview.com/ • Museum Hack - https://museumhack.com/ • Surge AI - https://www.surgehq.ai/ • Handshake - https://joinhandshake.com/ • Gemini - https://gemini.google.com/ • Grok - https://grok.com/ — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

25 Kesä 20251h 8min

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